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Get filing alertsAdvanced Drainage Systems recasts segment reporting after NDS acquisition
Filed May 21, 2026 · Period ending May 21, 2026 · ~1 min read
Key Changes
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ADS reorganized reportable segments into Stormwater and Wastewater (formerly Infiltrator) following National Diversified Sales acquisition; changed profitability metric from adjusted gross profit to Adjusted EBITDA.
Item 8.01 view on EDGAR → -
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Segment realignment has zero impact on consolidated financials—previously reported net sales, operating income, net income, and earnings per share remain unchanged.
Item 8.01 view on EDGAR → -
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Company furnished recast historical segment data for fiscal 2024-2026 quarterly periods to enable apples-to-apples comparisons under new reporting structure.
Exhibit 99.1 verify on EDGAR →
This preview is just the start — the full report includes the narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · May 24, 2026 · How we verify